HBO is owned by Warner Bros. Discovery, likely one of their most valuable assets. I can't see them giving it up.

Indeed. Feels like vast majority of the TV worth watching is HBO. I value my time so I'd rather have access to a few HBO series / year than an endless sea of A/B dross.

That would now mean buying out WarnerMedia Discovery Group which just merged, and WarnerMedia was the owner of HBO before that. AT&T was forced to divest at least.

Never the less, that would be a massive acquisition, they carry alot of debt.

$53B in debt at HBO. Crazy.

I think Netflix is better served getting exclusive rights to top IP that differentiates them from others. They don't have many memorable brands that people would buy a T-Shirt for. Like a $5B deal for exclusive streaming rights to all Nintendo IP (think live action Zelda, animated Mario Kart series for kids, Metroid series for adults, etc).

> think live action Zelda

Honestly an animated Zelda would be better. You could even do each season in a different art style as a callback to the games.